1. Sustainable Development Solutions Network - Greece
Official launch of
Sustainable Development Solutions Network - Greece
Renewables: A Sustainable Development Solution.
Dr. Ioannis Tsipouridis
General Manager R.E.D. Pro Consultants
Former Chairman of Board & C.E.O
Hellenic Wind Energy Association
Former CEO of P.P.C.R.
Athens 7th September 2017

2. Contents. RENEWABLES: A LOGICAL AND SUSTAINABLE DEVELOPMENT SOLUTION
THE GREEK RENEWABLES STORY
THE CASE OF TURKEY
THE KEY TO UNLOCK THE SOLUTION
CONCLUSION

3. Contents. RENEWABLES: A LOGICAL AND SUSTAINABLE DEVELOPMENT SOLUTION
THE GREEK RENEWABLES STORY
THE CASE OF TURKEY
THE KEY TO UNLOCK THE SOLUTION
CONCLUSION

4. Hurricane Irma
The US National Hurricane Centre has named it, the most powerful hurricane in the Atlantic basin ever recorded.
Extreme weather events lead to humanitarian /social / property losses
They are caused by climate change (not a Chinese hoax / humans are responsible)
Climate change is caused by temp rise, which in turn is caused by the rise in CO2 emissions concentration in the atmosphere
Fossil fuel use and generally the energy sector is responsible for (2/3) of CO2 emissions

5. The ONLY logical solution
ENERGY TRANSITION TO CLEAN ENERGY IS IMPERATIVE
100 percent renewables is no longer merely an "aspirational goal.
It is "the obvious solution."

6. Contents. RENEWABLES: A LOGICAL AND SUSTAINABLE DEVELOPMENT SOLUTION
THE GREEK RENEWABLES STORY
THE CASE OF TURKEY
THE KEY TO UNLOCK THE SOLUTION
CONCLUSION

7. THE GREEK renewables story History of Europe's wind industry

8. Greece’s RES targets according to EU Directive 28/2009
Overall target : 18% of share of energy generated from renewable sources in gross final energy consumption (20% unilaterally):
Heating and cooling: 20% of heat consumption met by renewable sources;
Electricity: 40% of electricity demand met by electricity generated from renewable energy sources;
Transport: 10% of energy demand met by renewable energy sources.
Share of renewable consumption to gross final energy consumption. Comprises of direct use of renewables (e.g. biofuels) plus energy produced from renewables (e.g. wind, hydro). Final energy consumption is the energy that households, industry, services, agriculture and the transport sector use.
EU Member State
2006
2007
2008
2020 Target
% To cover:
Greece
7.2 %
8.1 %
7.9 %
18 %
10.1 %
Germany
6.9 %
9 %
8.9 %
9.1 %
Denmark
16.8 %
18.1 %
18.7 %
30 %
11.3 %
Portugal
20.5 %
22.2 %
23 %
31 %
8 %

9. The economic crisis and its effect on RES development
Special Case:
The economic crisis and its effect on RES development
Despite the severity of the financial crisis, which had a profound impact on investment in the country, the penetration of renewable energy sources accelerated during the years of economic contraction.
RES attracted over EUR 7.6 billion of investment in Greece cumulatively over the period Despite the crisis, investment in RES accelerated between 2008 and 2012
During , approximately EUR billion were invested in renewable energy technologies in Greece, almost five times as high compared with the investments made during
PV & Wind absorbed the largest share (93% of total over the period with EUR 5.4 billion for PV and EUR 1.7 billion for Wind).

10. RES grew at an average rate of 28% p.a. between 2006 and 2013.

11. The boom experienced in photovoltaic technology
The higher return observed for PV during that period, driven by the sharp fall in PV panel prices, as well as the prospect of lower PV feed-in tariffs in the future, were the main reasons for the switch from wind to PV.

12. Greek PV market (source: HELAPCO)

13. A success story that went wrong
The rise and fall in photovoltaic technology employment
PV and job creation
Employment
Indirect employment
Direct employment

14. The investment vacuum after the PV boom

15. 2014 2020 The road map to the 2020 target (2014 - 2020)
Technology
Capacity (MW)
2014
2020
Small Hydro (<=15MW)
300
350 PV
1500
2200
CSP
120
250
Wind (inland and offshore)
4000
7500
Geothermal
Biomass
200
Estimated investment in RES ( ) = 16,5 b€

16. The road map to the 2020 target:
Position end 2016
Where are we now?

17. 2015 Res contribution to electricity consumption
In 2015 the total share of RES in electricity consumption was:
26,78% including large Hydro
While the 2020 target stands at 40% (L.3851/2010)
The European statistics estimate this figure at 22,09%
2015 res participation in national electricity consumption
GWh
share(%)
Wind Parks
4.621,00
8,34% PV
3.406,00
6,14%
Roof PV
494,00
0,89%
Small hydro
708,00
1,28%
Biomass/Biogas
222,00
0,40%
Total RES w/o large hydro
9.451,00
17,05%
Large Hydro
5.391,00
9,73%
Total RES
14.842,00
26,78%
National consumption
55.430,50
Sources: LAGHE ADMHE

18. The road map to the 2030 target? To the 2050 target?
The projects are here:
Licensing Progress of RES up to
(in MW)
Applications
Production license
Installation license
Binding connection terms
PPA
Operating
Wind
24.103
20.208
6.640
2.635
978
2.090
Biomass/gas
534
316
141 83 44 52
Small Hydro
1.079
620
182 80 24
265 PV
4.422
488
1.554
567
1.008
2.602
CSP
787
442
252 70
Total
30.925
22.074
8.769
3.435
2.054
5.009

19. The road map to the 2030 target? To the 2050 target?
The investors are here:
What is missing?

20. Contents. RENEWABLES: A LOGICAL AND SUSTAINABLE DEVELOPMENT SOLUTION
THE GREEK RENEWABLES STORY
THE CASE OF TURKEY
THE KEY TO UNLOCK THE SOLUTION
CONCLUSION

21. GLOBAL WIND ENERGY MARKET
TOP 10 MARKETS IN 2016 AND TOP TEN CUMMULATIVELY UP TO 2016
Source GWEC April 2017

22. Comparison between Greece and Turkey

23. Contents. RENEWABLES: A LOGICAL AND SUSTAINABLE DEVELOPMENT SOLUTION
THE GREEK RENEWABLES STORY
THE CASE OF TURKEY
THE KEY TO UNLOCK THE SOLUTION
CONCLUSION

24. POLITICAL VISION AND LEADERSHIP The missing link.
What are the ingredients for successful RES growth in any market?
Availability of renewable energy sources
Technical feasibility of deployment
Knowhow
Experienced Personnel
National added value (Local source, security of supply),
Potential for industrial activity
Legislation
Incentives (financial or corporate)
Economic competitiveness and job creation
Financing access
But above all
Political vision and leadership
The missing link.

25. Contents. RENEWABLES: A LOGICAL AND SUSTAINABLE DEVELOPMENT SOLUTION
THE GREEK RENEWABLES STORY
THE CASE OF TURKEY
THE KEY TO THE SOLUTION
CONCLUSION

26. Keeping this in mind!

27. IEA admits the loss of the fossil fuel cost advantage …..
without yet internalising all external costs.

28. Last year 138,5 GW of renewable capacity were added globally
compared to 127,5GW in 2015, ( IEA),
Yet the investment was lower by 23% due to cost reduction.
New renewable capacity added in 2016 was above 50% of total new capacity added.
ΙΕΑ/GUARDIAN
New Energy Finance (BNEF)

29. 9,8 million jobs in renewables in 2016
Creating clean jobs.

30. But we still have a long way to go……

31. Turning to renewable sources is not the best solution.
It is the ONLY solution!!